MAIDENFORM SHAREHOLDER ALERT: Levi & Korsinsky Announces Investigation into
Possible Breaches of Fiduciary Duty by the Board of Maidenform, Inc. in
Connection with the Sale of Company to HanesBrands
NEW YORK, July 29, 2013
NEW YORK, July 29, 2013 /PRNewswire/ --Levi & Korsinsky is investigating the
Board of Directors of Maidenform, Inc. ("Maidenform" or the "Company") (NYSE:
MFB) for possible breaches of fiduciary duty and other violations of state law
in connection with the sale of the Company to HanesBrands ("HanesBrands")
(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO )
Click here to learn more about the investigation
http://zlk.9nl.com/maidenform-mfb/, or call: 877-363-5972. There is no cost or
obligation to you.
Under the terms of the transaction, Maidenform shareholders will receive
$23.50 in cash for each share of Maidenform stock they own. The transaction is
valued at approximately $575 million. The investigation concerns whether the
Maidenform Board of Directors breached their fiduciary duties to stockholders
by failing to adequately shop the Company before agreeing to enter into the
transaction, and whether HanesBrands is underpaying for Maidenform, thus
unlawfully harming Maidenform shareholders.
If you own common stock in Maidenform and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at
firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
Levi & Korsinsky is a national firm with offices in New York, New Jersey and
Washington D.C. The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. The attorneys at Levi &
Korsinsky have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities lawsuits
and have successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
SOURCE Levi & Korsinsky
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